ShippingWatch

DP World targets growth in spite of weak markets

Including acquisitions, the revenue at Dubai-based port company, DP World, grew by more than 16 percent, which also made a mark on the earnings in 2015.

Photo: London Gateway

2016 will be another rough year with low growth in global trade, projects Dubai-based port company DP World, which is a competitor to port businesses such as Maersk Group's APM Terminals.

DP World on the other hand can look back on a 2015 where revenue was lifted to about USD 4 billion, which was an advancement of 5.6 percent on a like-for-like basis, while the actual numbers increased by 16.3 percent, due to factors including acquisitions.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Maersk rejects shippers' complaint in USD 180m dispute

U Shippers has no case in a contractual dispute reported to the US Federal Maritime Commission, Maersk writes in a response to the FMC. Moreover, the case should not even be a matter for the commission, the company says.

Further reading

Related articles

Latest news

See all jobs